Ben Armstrong, the internet personality who gained popularity as “BitBoy Crypto,” has agreed to settle a Binance-linked Class Action lawsuit. The agreement also involved NBA Superstar Jimmy Butler, who will pay $340,000 in total as part of the settlement.
The BitBoy and Binance Deal
According to a Bloomberg report, the settlement deal has yet to gain the court’s approval. The suit dates back to March 2023, as some aggrieved investors accused BitBoy and Jimmy Butler of promoting Binance. The complainants claim that both defendants unlawfully promoted the trading platform.
Despite the lawsuit involving Binance, the trading platform has maintained its sustained business operations. As reported earlier, the trading platform announced it will remove nine altcoin trading pairs in an in-house clean-up.
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Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin
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